INOVA HEALTH SYSTEM FOUNDATION
INOVA HEALTH SYSTEM FOUNDATION
INOVA HEALTH SYSTEM FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$885,906,035
Other
N/A
Investments
N/A
Contributions
N/A
Fundraising Events
N/A
Government Grants
N/A
Membership Dues
N/A
Expenses in 2024
$55,112,749
Grants
47%
Fees to Service Providers
29%
Salaries & Benefits
20%
Offices, Occupancy & IT
2%
Other
1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$109,374,676
$42,287,174
-61%
Government Grants
$0
$0
-
Fundraising Events
$2,513,644
$1,881,782
-25%
Program Services
-$1,499,285
-$1,777,973
+19%
Membership Dues
$0
$0
-
Investments
$104,761,289
$127,968,683
+22%
Other
$688,345,873
$715,546,369
+4%
Total Revenues
$903,496,197
$885,906,035
-2%
Expenses
2023
2024
Change
Grants
$34,238,104
$26,107,043
-24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,839,178
$11,038,664
+2%
Fees to Service Providers
$13,540,287
$15,875,131
+17%
Advertising & Promotion
$74,173
$0
-100%
Offices, Occupancy & IT
$1,835,901
$1,127,572
-39%
Interest
$0
$20
-
Depreciation
$323,063
$370,560
+15%
Other
$1,900,804
$593,759
-69%
Total Expenses
$62,751,510
$55,112,749
-12%
Net income
2023
2024
Change
Net income
+$840,744,687
+$830,793,286
-1%
Functional Expenses
Summary
2023
2024
Change
Program
$49,266,865
$42,388,611
-14%
Admin
$1,248,038
$1,786,437
+43%
Fundraising
$12,236,607
$10,937,701
-11%
Total Expenses
$62,751,510
$55,112,749
-12%
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